MADISON Inc. manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. MADISON Inc. uses PROCESS COSTING [FIFO method].

Data for the Assembly Department for June 2019 are:

Work in process, beginning inventory 225 units

Direct materials (100% complete)

Conversion costs (60% complete)

Units started during June 275 units

Work in process, ending inventory: 100 units

Direct materials (100% complete)

Conversion costs (50% complete)

Costs for June 2019:

Work in process, beginning inventory:

Direct materials $18,000

Conversion costs $8,100

Direct materials costs added during June $19,800

Conversion costs added during June $16,380

CALCULATE the costs of completed and transferred out in June? Please choose the best answer

	A.	none of the other answers
	B.	$52,000
	C.	$52,480
	D.	$60,300
	E.	$62,280
	F.	$60,280
	G.	$70,000
	H.	$91,280